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,., _ This form is used in ~conni~c-
<br />~3^1-02-0161 tian with mortgages insured
<br />Vii 1 47~';7~ under the orie- to four-faenil}~
<br />~~y, ~~~~~~ p.•ovisiona of the National
<br />Housing Act.
<br />THIS MORTGAGE, made and executed this 14th day of Septem>rer ,A,D,
<br />19 79 ,by and between Florentino Salinas and Constaneia Salinas, husband and wife
<br />of the County of Hall and late of Nebraska, party of the first part, hereinafter called
<br />thebiorigagor,and Mortgage Plus incorporate
<br />acorporatianorganizedandexistingunderihelawsof the United States Of America
<br />party of the second part, hereinafter salted the Mortgages:
<br />WITNESSETH: That the said Mortgagor, for and in consideration of the sum of Twenty Seven Thousand and
<br />00/100ths -----------~------------------ Dollars (527, 000.00 ),paidbytheMort-
<br />gagee, the receipt of which is hereby acknowledged, has Granted and Sold and by these presents does Grant, Bar-
<br />- gain, Sell, Convey and Confirm unto the Mortgagee, its successors and assigns, forever, tht following-described
<br />real estate, situated in the County of Ha 11 ,and State
<br />of Nebraska, to wit:
<br />The East One Hundred Feet (E100') of Lot Nine (9), and the West
<br />Two (2) Rods of Lot Ten (10), of the County Subdivision of part
<br />of Section Nineteen (1g), Township Ten (10) North, Range Eleven
<br />(11), West of the 6th P.M., in the Town of Wood River, Hall County,
<br />Nebraska.
<br />of the Sixth Principal Meridian, containing in all City property acres according to Govetn-
<br />entntsurvey:
<br />°rr~ NA~`E AND T^ BOLD t~ preni6'ies af~ve d€scrihect, with at: ti•~ appurteatafs ttterzunr~:-~hr€g ar:°„ i~-ICdir
<br />alt heating, plumbing and lighting fixtures and ei{uipmeni tiow ar hercaftcr attached to ar used in conneetian with said real estate
<br />unfit the Mortgagee, and to its successors and assdgns, ft?revtr. Tht Mortgagor represents ta, and covenants with, the Martga-
<br />gre, that inr Mortgagor has good right to scfl and convey said premises; #hat Ihry acre free from ettcunttxai;ce; ate that the
<br />Mortgagor wilt warrant and defend ihr same at~inst law~fsl Maims of ;d1 Persons witomsttevcr: a~ tht Mssz~~ev here-
<br />.. by relittquis`,rs a41 rights ttf homestead. and all tnarttai rights. cith>=r in taw ar in equN~r, and art other eantingent intere:e'ts of the
<br />M i „na t~ t.!c Btav ~ pr_...=~ me tn~nt~.". t>ciro ~~vr; r~°'aYy ¢r: :.~ t f~F ~,,;::,~=
<br />e~elf_ri~htsofhomaste`ad,ar`dothtr-rights ref: t~~~e,a~t
<br />PROVIDED ALWAYS, and these prexents are executed and delivered upon the following conditions, to wit
<br />The Mortgagor agrees to pay to the Mortgagee„ or order. the pprn+tu~ippaal sum of Twenty Severi Thousarid artd
<br />00/100ths -__________ Daltars(527,000.00 t. withioterrstfram
<br />daft at the rate of T A per crntum t 10 , 00 ~i per annum an
<br />the unpaid hatance unteTpaed. The said principal and interest shall be payable at the office of MOrtgage Plus Incorporated
<br />in Englewood, Colorado or at. ch other !a-e y, ~ f
<br />the emote may designate in writing, in monthly installments of Two Hundred Forty dive s~nEi ~ ~'/"~' his
<br />fh+llara tS 2 ~ 5. 4 3 ). commending an the first day of
<br />Novembgr ~ l~ 7 9 . and on the first day of each month therraker until the principal and in-
<br />terest arc fully paid, except that tht final payment at principal and interest, if Hat sooner paid, shall be due and
<br />payable an the first day of October 2 00 $ ; atI according to the terms of a certain promis-
<br />sory carte of corn date herewith executed by the said Mortgagor.
<br />The Mortgagor in urdtr more fully to protect the security of this Msutgagr, agrees:
<br />f. ~tiat he witf pay the indebtedness, as hereitfbrfore provided. Privilege is reserved to pay the debt in whole. or in an
<br />atetttunt e$uat to alto itr mare enonthfY paytttrttts on the ptitxipat that are text dice an ttrc Hate, on the first day of any month
<br />pilot to maturity: Provided, however, That written notice of an intention to exercise such privilege is given at least thirty t34)
<br />days prior to prtpayment.
<br />2, 'lysat, togetherwilts, and in addition to, the monthly payments of principal and interest payable under the terms a! the
<br />' Hate seeuced hereby, the Mortgagor we1F pay ro tt~ Mortgagee: on the first day of each month urtrii tht saitt Hair is fait
<br />y paid,the
<br />- following sums:
<br />(a} Amount suffcient in provide the holder hereof with futeds to pay the next martgago Insurance premium if this
<br />instrument and the note secured hereby are insured, ar a monthly charge (tn tiro oJa mart;aqr inaunrrtce prr-
<br />miurnJ if they err held by the Secretary of Housing and Urban Development, as follows:
<br />(I) tf and sa tong as said note of even date and this instrument are insured or are reinsured under the pro•
<br />visions of the National Housing Act, an amoun! sufficient to accumulate in the hsnds of the holder one
<br />Previous @ditions are Obsolete STATE OE NEBRASKA
<br />FHR-214aM 110-TTY
<br />
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